This bill amends various sections of Iowa's property law, specifically targeting rental properties, manufactured home communities, and mobile home parks. It introduces new restrictions on landlords regarding the termination of tenancies, which can only occur under specific circumstances such as tenant noncompliance or legitimate business reasons. The legislation also establishes penalties for landlords who violate tenant rights, classifying such violations as unlawful practices. Additionally, it requires landlords to provide written notice at least 180 days in advance for rent increases, justifying these increases based on factors like property taxes or utility costs.

Further amendments include prohibiting landlords from imposing fines or fees that exceed actual damages and allowing tenants to recover up to three months' rent and attorney fees if a landlord knowingly uses a rental agreement with prohibited provisions. The bill mandates that rental deposits be held in a federally insured account, with interest earned during the first five years going to the landlord. It also clarifies that mobile homes are excluded from nonjudicial foreclosure provisions and creates a capital gains tax exclusion for the sale of mobile home parks to certain entities, including tenants' associations. Overall, the legislation aims to enhance tenant protections and establish clearer guidelines for rental agreements in manufactured home communities.

Statutes affected:
Introduced: 562B.10, 562B.4, 714.16, 562B.7, 562B.14, 16.45, 562B.25, 562B.16, 562B.24, 562B.19, 562B.11, 562B.13, 654.18, 655A.9, 535.13, 422.7, 422.35